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Federal Reserve Chair Jerome power Delivers his semiannual remarks on monetary policy and the economy this week on capitol hill.
First up will be an appearance tuesday before the Senate Banking Committee, during which he is expected to be pepered with questions about his position on Tarifs from the Trump Administration, Inflation and the state of the Labor Market,
In addition, legislators also likely will seek power’s views on banking regulation as Vice Chair for Supervision Michael Barr Exits His Position His Position and AS The Fed Retools a controversial set of banking regulation proposals.
So far, power and his colleagues have avoided saying Much about the Trump Tarifs, Thought Some Officials Have EXPRESSED WORIES DEOUT THE TARIFS ‘Information Impact Should The TRIGGEGER ANDEY TARIFS AFEFS’ Infection. On monetary policy, the fed is Expected to be on hold Until at Least June or July while it evaluates the various dynamics playing out.
Powell will speak wedding before the house Financial Services Committee.
Read More:
Fed Officials are Raising Concerns about the Impact Trump’s Tarifs Could have on Inflation
The fedwal find itself in a policy catch-22 If tarifs spike inflation and slow growth
In a switch, trump approves of the fed’s decision to hold interest rates steady
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